Overview

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Est.

2020

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Lantern Network is a nonprofit organization dedicated to providing mentorship and entrepreneurship opportunities for underestimated American youth, focusing on youth organizing. With an operating budget of $306.4K and total revenue of $354.9K for the 2024 filing year, it is supported by prominent funders including FIDELITY INVESTMENTS CHARITABLE GIFT FUND, THE AYCO CHARITABLE FOUNDATION, and TRUIST FOUNDATION INC. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

a public charity to provide mentorship and entrepreneurship for underestimated American youth
Revenues
$354.9K
Expenses
$306.4K
Net Income:
+$48.5K
Assets
$126K
Liabilities
$337
Net Assets:
+$125.7K
Operating Budget
$306.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
5
Median grant size
$50K
Largest grant received
$60K
T
Tracy Davis
Board Member
J
Jerry Heuer
Board Member
F
Francis Price
Board Member

Frequently Asked Questions

What is Lantern Network’s budget?
In 2024, Lantern Network reported an annual operating budget of around $306 thousand. More detailed financial information is available to registered users.
What causes does Lantern Network support?
Lantern Network supports work in Youth organizing.
Where does Lantern Network operate?
Lantern Network is headquartered in Brentwood, TN.
Who funded Lantern Network recently?
In 2024, Lantern Network received grants from FIDELITY INVESTMENTS CHARITABLE GIFT FUND, TRUIST FOUNDATION INC, and NATIONAL BASKETBALL ASSOCIATION FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Lantern Network received in 2024?
The largest grant to Lantern Network in 2024 exceeds $60 thousand.